Thursday 14, May 2009 by

IFC investing $25 million in private-equity fund

The IFC, a member of the World Bank Group, said is investing $25 million in the MENA Joint Investment Fund, a $500 million fund that will provide private equity to businesses in Egypt and other countries in the region to help strengthen companies, spur economic growth, and create jobs.

Features & Analyses

Investment Banking View from the top

Mashreq CEO Abdulaziz Al Ghurair reveals his thoughts to Banker Middle East on the outlook for the UAE banking sector in 2016. read more